Dish TV reports Rs13.9 crore loss in June quarter - News Summed Up

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Dish TV reports Rs13.9 crore loss in June quarter


During the June quarter, Dish TV added 186,000 new subscribers, taking the total subscriber base to 15.7 million. Photo: MintNew Delhi: Direct-to-home (DTH) television operator Dish TV India Ltd on Thursday reported a net loss of Rs13.9 crore for the June quarter, compared with a profit of Rs 36.1 crore in the year-ago period. “The quarter was witness to Dish TV making a smart recovery from the lows of the demonetization-impacted previous quarters. The new company will be called Dish TV Videocon Ltd; Dish TV will own 55% and Videocon a 45% stake in the new company. Goel will lead the combined entity, to be called Dish TV Videocon Ltd, as chairman and managing director.


Source: Mint August 17, 2017 13:41 UTC



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